The European Commission's competition department has closed its probe into the alleged anti-competitive behaviour by BEB, a German joint venture of ExxonMobil and Shell
Published:
30 July 2003 y., Wednesday
The investigation focused on BEB's refusal to grant Norwegian gas producer Marathon access to its Northern German pipeline network. In return for the closure BEB offered to further improve its access regime for gas pipelines and storage facilities, which will facilitate third parties to use BEB's network.
BEB undertook in particular to abandon the transport system currently applied across Germany (including the area covered by BEB's network) and to replace it by a new user-friendly system for its network (so called entry/exit system). Commenting on the settlement, Competition Commissioner Mario Monti said : "The settlement of the Marathon case with BEB means a significant step forward for the German gas market, which currently is lagging behind in the liberalisation process. I welcome that BEB is willing to introduce an entry/exit system for its network, which better reflects physical gas flows and costs incurred when transporting gas. I can only encourage other German companies to follow BEB's example. In the medium term I would also hope that Germany develops into one large entry/exit zone covering all networks be they supra-regional, regional or local.
The settlement shows that the Commission is fully committed to foster the liberalisation process by chasing anti-competitive behaviour."
Šaltinis:
europa.eu.int
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has adopted additional legislative proposals today to further strengthen financial supervision in Europe.
more »
The EU has announced plans to regulate the market for derivatives – complex financial products that helped trigger the financial crisis.
more »
New proposals to help EU farmers through the milk price crisis were backed by Parliament on Thursday.
more »
The European Commission and the European Investment Bank (EIB) Group are organising a conference in Brussels on 22 and 23 October to further promote two initiatives designed to increase the use of financial engineering instruments in the framework of cohesion policy.
more »
The biggest thermal insulation production manufacturer in Finland “Finnfoam” has started the construction of a thermal insulation production plant in Kaunas FEZ.
more »
The European Investment Bank (EIB) is providing two loans in Hungary.
more »
Key Western Balkan projects to benefit from new funding EU, IFI financing to focus on infrastructure, SMEs and energy efficiency.
more »
Lithuania, Belarus and China will cooperate in the development of the initiative of the East-West transport corridor.
more »
On October this year AB Bank SNORAS will provide preferential UAB “Guarantee Fund of Agricultural Loans ” purpose loans to farmers and companies, which scope of activity is economic activity and processing of agricultural production.
more »
The European Commission has today approved an application from Austria for assistance under the European Globalisation Adjustment Fund (EGF).
more »